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Latest News on private equity markets

Advent/Cinven-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator

(This March 1 story has been refiled to show that the consortium is led by Advent and Cinven)



4 years ago

Here's how to maximize traditional and Roth retirement savings

Tax treatment varies among types of retirement accounts, which means the investments you hold in each of them should ideally capitalize on those differences, experts say.

4 years ago

Trump presses U.S. Federal Reserve to cut rates

U.S. President Donald Trump on Monday reiterated his call for the U.S. central bank to lower interest rates, tweeting that the Federal Reserve has been "slow to act" and should be more aggressive.



4 years ago

Futures traders bet on big U.S. rate cut by Fed this month

The U.S. central bank will deliver a big dose of stimulus this month in a bid to protect the world's biggest economy from the impact of the spread of the new coronavirus, traders of futures contracts tied to the Federal Reserve's policy rate are betting.



4 years ago

Wall Street up in choppy trade, stimulus measures take center stage

U.S. stock indexes were slightly higher in choppy trading on Monday, as investors assessed the efficacy of further monetary stimulus amid the growing economic impact of the coronavirus outbreak.



4 years ago

Gilead buys Forty Seven for $4.9 billion to bolster cancer drug pipeline

Gilead Sciences Inc said on Monday it would buy Forty Seven Inc for $4.9 billion in cash, adding an experimental treatment that targets blood cancer to its portfolio of oncology drugs.



4 years ago

'Neutron' Jack Welch, who led GE's rapid expansion, dies at 84

Jack Welch, who grew General Electric Co during the 1980s and 1990s into the most valuable public company in the United States, has died at age of 84, the conglomerate said on Monday.



4 years ago

Cramer: 'Unless the Fed can create a vaccine or beat the virus,' rate cuts won't matter

"Unless the Fed can create a vaccine or beat the virus, then it really doesn't matter," CNBC's Jim Cramer said Monday.

4 years ago

Japanese minister tells Lebanon Ghosn should stand trial in Japan

Fugitive ex-Nissan boss Carlos Ghosn should stand trial in Japan, a Japanese government minister told the Lebanese government during a visit to Beirut on Monday, adding that Beirut had agreed to cooperate but without saying how.



4 years ago

Exclusive: Newly obtained documents show Huawei role in shipping prohibited U.S. gear to Iran

China’s Huawei Technologies, which for years has denied violating American trade sanctions on Iran, produced internal company records in 2010 that show it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator.



4 years ago

How to build a cash cushion if the coronavirus disrupts your job

Many Americans fear the coronavirus outbreak could prevent them from working and getting paid. Here's how to kickstart an emergency fund.

4 years ago

Oil up over 2% as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose over 2% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



4 years ago

Blackstone reshuffles London energy team amid Siccar Point sale attempt

Blackstone Group Inc has reshuffled its London-based private equity team in charge of energy while trying to sell all or part of its flagship investment, North Sea oil and gas producer Siccar Point.



4 years ago

White House set to meet with senior airline, cruise industry officials

The White House will hold meetings this week with top executives from U.S. airlines and the cruise industry amid the growing coronavirus outbreak, a spokeswoman for Vice President Mike Pence confirmed Monday.



4 years ago

Traders bet on big Fed rate cuts as virus spreads

The U.S. central bank will deliver a big dose of stimulus starting this month in a bid to protect the world's biggest economy from the impact of the spread of the new coronavirus, based on the price of futures contracts tied to the Federal Reserve's policy rate.



4 years ago